š¤£Blockchain war! Stars Arena Web3 social media application on Avalanche lost funds to malicious attacks, reportedly exceeding $1 million! š±The Stars Arena team confirmed the attack, but said the loss was only about $2,000 and the vulnerability has been patched. š
šAvalanche has seen a surge in activity, with daily transaction volume increasing by over 186%! šStars Arena allows users to purchase "shares," which are tokenized assets issued by content creators, granting the token owner access to exclusive content or other privileges. š
š£ļøSome have accused the attackers of "fabrication" (spreading fear, uncertainty and doubt), but the Stars Arena team said the attackers were trying to undermine its credibility through "coordinated FUD." š¤ What do you think? Say what you want in the comment section! š¬
šAvalanche has seen a surge in activity, with daily transaction volume increasing by over 186%! šStars Arena allows users to purchase "shares," which are tokenized assets issued by content creators, granting the token owner access to exclusive content or other privileges. š
š£ļøSome have accused the attackers of "fabrication" (spreading fear, uncertainty and doubt), but the Stars Arena team said the attackers were trying to undermine its credibility through "coordinated FUD." š¤ What do you think? Say what you want in the comment section! š¬